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The Following Table Shows the Number of British Pounds Required

Question 24

Multiple Choice

The following table shows the number of British pounds required to buy one U.S. dollar and the number of euros required to buy one U.S. dollar between February 1, 2016, and September 1, 2016:  British Pounds Required  Euros Required to  Date  to Buy 1 U.S. Dollar  Buy 1 U.S. Dollar  February 1, 2016 0.7000.901 March 1, 2016 0.7020.898 Apri1 1, 2016 0.6980.881 May 1,2016 0.6880.884 June 1, 2016 0.7040.890 July 1, 2016 0.7610.904 August 1, 2016 0.7630.892 September 1, 2016 0.7610.891\begin{array}{lll}\hline & \text { British Pounds Required } & \text { Euros Required to } \\\text { Date } & \text { to Buy 1 U.S. Dollar } & \text { Buy 1 U.S. Dollar }\\\hline\text { February 1, 2016 } & 0.700 & 0.901 \\\text { March 1, 2016 } & 0.702 & 0.898 \\\text { Apri1 1, 2016 } & 0.698 & 0.881 \\\text { May 1,2016 } & 0.688 & 0.884 \\\text { June 1, 2016 } & 0.704 & 0.890 \\\text { July 1, 2016 } & 0.761 & 0.904 \\\text { August 1, 2016 } & 0.763 & 0.892 \\\text { September 1, 2016 } & 0.761 & 0.891\\\hline\end{array}
Between March 1, 2016, and April 1, 2016, the U.S. dollar ________ against the British pound, and the U.S. dollar ________ against the euro.


A) neither appreciated nor depreciated; neither appreciated nor depreciated
B) depreciated; appreciated
C) appreciated; appreciated
D) depreciated; depreciated
E) appreciated; depreciated

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